Tata Power Company Limited
Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through Thermal and Hydro, Renewables, Transmission and Distribution, and Others segments. The company generates power from hydroelectric and thermal sources, such as coal, gas, and oil; and provides related ancillary services. It also engages in t… Read more
Tata Power Company Limited (TATAPOWER) - Net Assets
Latest net assets as of September 2025: ₹447.44 Billion INR
Based on the latest financial reports, Tata Power Company Limited (TATAPOWER) has net assets worth ₹447.44 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.64 Trillion) and total liabilities (₹1.19 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹447.44 Billion |
| % of Total Assets | 27.32% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | 69.29% |
| 10-Year Change | 124.04% |
| Growth Volatility | 13.24 |
Tata Power Company Limited - Net Assets Trend (2004–2025)
This chart illustrates how Tata Power Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tata Power Company Limited (2004–2025)
The table below shows the annual net assets of Tata Power Company Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹427.45 Billion | +11.51% |
| 2024-03-31 | ₹383.33 Billion | +12.07% |
| 2023-03-31 | ₹342.04 Billion | +31.41% |
| 2022-03-31 | ₹260.28 Billion | +3.08% |
| 2021-03-31 | ₹252.50 Billion | +15.31% |
| 2020-03-31 | ₹218.98 Billion | +7.41% |
| 2019-03-31 | ₹203.88 Billion | +8.59% |
| 2018-03-31 | ₹187.75 Billion | +23.94% |
| 2017-03-31 | ₹151.48 Billion | -20.60% |
| 2016-03-31 | ₹190.79 Billion | +4.19% |
| 2015-03-31 | ₹183.11 Billion | +13.21% |
| 2014-03-31 | ₹161.74 Billion | +1.72% |
| 2013-03-31 | ₹159.00 Billion | -0.26% |
| 2012-03-31 | ₹159.42 Billion | +3.24% |
| 2011-03-31 | ₹154.42 Billion | +14.24% |
| 2010-03-31 | ₹135.18 Billion | +31.15% |
| 2009-03-31 | ₹103.07 Billion | +12.64% |
| 2008-03-31 | ₹91.51 Billion | +45.87% |
| 2007-03-31 | ₹62.73 Billion | +10.28% |
| 2006-03-31 | ₹56.89 Billion | +13.39% |
| 2005-03-31 | ₹50.17 Billion | +4.51% |
| 2004-03-31 | ₹48.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tata Power Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 27410370000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹274.10 Billion | 76.18% |
| Common Stock | ₹3.20 Billion | 0.89% |
| Other Comprehensive Income | ₹50.03 Billion | 13.91% |
| Other Components | ₹32.46 Billion | 9.02% |
| Total Equity | ₹359.79 Billion | 100.00% |
Tata Power Company Limited Competitors by Market Cap
The table below lists competitors of Tata Power Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paramount Global Class A
NASDAQ:PARAA
|
$7.68 Billion |
|
Boston Properties Inc
NYSE:BXP
|
$7.69 Billion |
|
Murphy USA Inc
NYSE:MUSA
|
$7.69 Billion |
|
Sitime Corporation
NASDAQ:SITM
|
$7.70 Billion |
|
SK Telecom Co Ltd
KO:017670
|
$7.67 Billion |
|
FactSet Research Systems Inc
NYSE:FDS
|
$7.67 Billion |
|
Invesco Plc
NYSE:IVZ
|
$7.67 Billion |
|
Azek Company Inc
NYSE:AZEK
|
$7.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tata Power Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 323,552,900,000 to 359,794,100,000, a change of 36,241,200,000 (11.2%).
- Net income of 39,710,000,000 contributed positively to equity growth.
- Dividend payments of 6,390,700,000 reduced retained earnings.
- Share repurchases of 3,193,500,000 reduced equity.
- New share issuances of 22,528,000,000 increased equity.
- Other comprehensive income increased equity by 1,662,600,000.
- Other factors decreased equity by 18,075,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹39.71 Billion | +11.04% |
| Dividends Paid | ₹6.39 Billion | -1.78% |
| Share Repurchases | ₹3.19 Billion | -0.89% |
| Share Issuances | ₹22.53 Billion | +6.26% |
| Other Comprehensive Income | ₹1.66 Billion | +0.46% |
| Other Changes | ₹-18.08 Billion | -5.02% |
| Total Change | ₹- | 11.20% |
Book Value vs Market Value Analysis
This analysis compares Tata Power Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 27.51x to 3.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹14.36 | ₹394.95 | x |
| 2005-03-31 | ₹14.75 | ₹394.95 | x |
| 2006-03-31 | ₹16.43 | ₹394.95 | x |
| 2007-03-31 | ₹18.06 | ₹394.95 | x |
| 2008-03-31 | ₹25.01 | ₹394.95 | x |
| 2009-03-31 | ₹28.07 | ₹394.95 | x |
| 2010-03-31 | ₹36.89 | ₹394.95 | x |
| 2011-03-31 | ₹42.05 | ₹394.95 | x |
| 2012-03-31 | ₹42.90 | ₹394.95 | x |
| 2013-03-31 | ₹41.47 | ₹394.95 | x |
| 2014-03-31 | ₹41.67 | ₹394.95 | x |
| 2015-03-31 | ₹47.42 | ₹394.95 | x |
| 2016-03-31 | ₹49.45 | ₹394.95 | x |
| 2017-03-31 | ₹49.05 | ₹394.95 | x |
| 2018-03-31 | ₹61.90 | ₹394.95 | x |
| 2019-03-31 | ₹54.62 | ₹394.95 | x |
| 2020-03-31 | ₹58.65 | ₹394.95 | x |
| 2021-03-31 | ₹66.91 | ₹394.95 | x |
| 2022-03-31 | ₹67.27 | ₹394.95 | x |
| 2023-03-31 | ₹86.29 | ₹394.95 | x |
| 2024-03-31 | ₹101.16 | ₹394.95 | x |
| 2025-03-31 | ₹112.44 | ₹394.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tata Power Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.06%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 4.36x
- Recent ROE (11.04%) is above the historical average (8.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.61% | 9.98% | 0.56x | 1.72x | ₹-187.66 Million |
| 2005 | 12.08% | 13.39% | 0.43x | 2.11x | ₹1.03 Billion |
| 2006 | 12.99% | 13.36% | 0.46x | 2.13x | ₹1.64 Billion |
| 2007 | 12.23% | 11.38% | 0.47x | 2.28x | ₹1.34 Billion |
| 2008 | 12.64% | 9.69% | 0.49x | 2.69x | ₹2.21 Billion |
| 2009 | 13.87% | 7.38% | 0.55x | 3.40x | ₹3.62 Billion |
| 2010 | 17.38% | 11.26% | 0.48x | 3.24x | ₹9.08 Billion |
| 2011 | 14.68% | 10.59% | 0.39x | 3.59x | ₹6.57 Billion |
| 2012 | -7.60% | -4.18% | 0.42x | 4.31x | ₹-25.19 Billion |
| 2013 | -0.62% | -0.26% | 0.49x | 4.86x | ₹-14.69 Billion |
| 2014 | -1.87% | -0.77% | 0.47x | 5.14x | ₹-16.50 Billion |
| 2015 | 1.06% | 0.50% | 0.45x | 4.77x | ₹-14.14 Billion |
| 2016 | 5.29% | 2.96% | 0.38x | 4.71x | ₹-7.76 Billion |
| 2017 | 5.61% | 2.70% | 0.34x | 6.19x | ₹-5.82 Billion |
| 2018 | 14.78% | 9.23% | 0.32x | 5.00x | ₹8.01 Billion |
| 2019 | 12.02% | 7.33% | 0.36x | 4.62x | ₹3.69 Billion |
| 2020 | 5.20% | 3.49% | 0.32x | 4.59x | ₹-9.39 Billion |
| 2021 | 5.05% | 3.45% | 0.33x | 4.43x | ₹-11.05 Billion |
| 2022 | 7.76% | 4.07% | 0.38x | 5.03x | ₹-5.03 Billion |
| 2023 | 11.59% | 6.05% | 0.43x | 4.46x | ₹4.58 Billion |
| 2024 | 11.42% | 6.02% | 0.44x | 4.31x | ₹4.61 Billion |
| 2025 | 11.04% | 6.06% | 0.42x | 4.36x | ₹3.73 Billion |
Industry Comparison
This section compares Tata Power Company Limited's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $33,835,609,590
- Average return on equity (ROE) among peers: 23.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tata Power Company Limited (TATAPOWER) | ₹447.44 Billion | 9.61% | 2.66x | $7.68 Billion |
| Adani Energy Solutions Limited (ADANIENSOL) | $10.70 Billion | 8.33% | 9.72x | $3.74 Billion |
| Adani Power Limited (ADANIPOWER) | $2.78 Billion | -0.82% | 1.35x | $9.28 Billion |
| Orient Green Power Company Limited (GREENPOWER) | $4.46 Billion | -12.90% | 3.25x | $85.25 Million |
| GVK Power & Infrastructure Limited (GVKPIL) | $12.45 Billion | -29.19% | 16.52x | $22.27 Million |
| Jaiprakash Power Ventures Limited (JPPOWER) | $5.49 Billion | 10.55% | 2.12x | $1.05 Billion |
| JSW Energy Limited (JSWENERGY) | $12.00 Billion | 22.67% | 0.77x | $3.13 Billion |
| Reliance Power Limited (RPOWER) | $212.35 Billion | 3.96% | 1.93x | $741.43 Million |
| RattanIndia Power Limited (RTNPOWER) | $43.64 Billion | 203.87% | 1.19x | $248.65 Million |
| Surana Telecom and Power Limited (SURANAT&P) | $638.41 Million | 2.02% | 2.15x | $7.95 Million |